The Fed has options for countering the record inflation the U.S. is facing that are more productive and less risky than raising interest rates. The Federal Reserve is caught between a rock and a hard place. Inflation grew by 6.8% in November, the fastest in 40 years
I , Like Ellen s' writing s Period - > She is Very Smart ! Question for Ellen I got a note with 4 Years to go @ 4% on a Motel ,___Got a Personal Guarantee & 30 % Down ( Should I sell it or Keep ? )
A very well thought out article, though I disagree about the cause of inflation, as injecting $5 trillion into the economy in under two years makes inflation inevitable.
The government has dug itself a hole with debt. This isn't helped by all of the debt facing people and businesses due to Covid. Raising interest rates beyond keeping them above what other major countries have is foolhardy given that debt. One can only maintain negative real interest loan rates if other options yield less return.
Interest rate hikes beyond that would only lead to more default and business failure. To prevent that, I fear that there would be pressure on continued bail out spending, which would only fuel inflation more, creating a vicious cycle where the government keeps people and businesses on life support.
Beyond getting our fiscal house in order--balancing the budget albeit on a business cycle model--and keeping it balanced long term while using the rule of 72 (or 70) to allow inflation and economic growth to let us 'outgrow' the debt, I am at a loss for answers.
In the beginning was one’s word. And one’s word was one’s bond. And no transactions were ever repeated if good faith was not present in the first one. Because trust is the basis of all trading it could only initially happen within small family and tribal associations. Those who gave yet didn’t receive, or received though didn’t reciprocate, vetoed mutually beneficial outcomes.
This was the twinkle in the eye before the conception of money...
The author, I've known on a first name basis for over thirty years. When you read the short article referenced above you may want to read more. So, I'm not one to leave you wanting and without a lead.
His book "Different Essays - They're certainly different" Is available through Bilboa Press.
It is also on Kindle with free look inside and a price tag of $1. The best things in live are free.
One of the snippets of truth made clear is that national debts quantify mis-appropriated national profit of the Common Wealth that in truth belong to We The People.
What kind of planning can the Fed do in the face of the likely possibility of 200 million deaths from the vax?
I , Like Ellen s' writing s Period - > She is Very Smart ! Question for Ellen I got a note with 4 Years to go @ 4% on a Motel ,___Got a Personal Guarantee & 30 % Down ( Should I sell it or Keep ? )
A very well thought out article, though I disagree about the cause of inflation, as injecting $5 trillion into the economy in under two years makes inflation inevitable.
The government has dug itself a hole with debt. This isn't helped by all of the debt facing people and businesses due to Covid. Raising interest rates beyond keeping them above what other major countries have is foolhardy given that debt. One can only maintain negative real interest loan rates if other options yield less return.
Interest rate hikes beyond that would only lead to more default and business failure. To prevent that, I fear that there would be pressure on continued bail out spending, which would only fuel inflation more, creating a vicious cycle where the government keeps people and businesses on life support.
Beyond getting our fiscal house in order--balancing the budget albeit on a business cycle model--and keeping it balanced long term while using the rule of 72 (or 70) to allow inflation and economic growth to let us 'outgrow' the debt, I am at a loss for answers.
And , If I wanted to Sell does - > Anyone know Where I could market the Note or a GOOD Note Broker with Ethics ? Thanks , Robert
Money; A Work in Progress
By Charles Pinwill
In the beginning was one’s word. And one’s word was one’s bond. And no transactions were ever repeated if good faith was not present in the first one. Because trust is the basis of all trading it could only initially happen within small family and tribal associations. Those who gave yet didn’t receive, or received though didn’t reciprocate, vetoed mutually beneficial outcomes.
This was the twinkle in the eye before the conception of money...
Source: http://thenewstart.online/page/vol2nov04
The author, I've known on a first name basis for over thirty years. When you read the short article referenced above you may want to read more. So, I'm not one to leave you wanting and without a lead.
His book "Different Essays - They're certainly different" Is available through Bilboa Press.
https://www.balboapress.com/en/bookstore/bookdetails/821648-different-essays
It is also on Kindle with free look inside and a price tag of $1. The best things in live are free.
One of the snippets of truth made clear is that national debts quantify mis-appropriated national profit of the Common Wealth that in truth belong to We The People.
Have a wonderful Christmas and New Year.
Blessings
Ken Yeomans
Australia
+61 418 745 120